Filing Flows › Primoris Services (PRIM) › Q2 2026
Primoris Services (PRIM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Primoris Services (PRIM) reported revenue of $1.7B for the second quarter 2026 (Q2 2026), -11% from a year earlier and +8% from the quarter before. Operating margin was -1.6%, net loss $24.2M (1.4% of revenue).
Primoris Services, Q2 2026: revenue $1.7B (-11% year over year), operating margin -1.6%, net loss $24.2M, operating cash flow −$8.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +8% | -11% |
| Operating profit | −$26.8M | -210% | -121% |
| Net earnings | −$24.2M | -239% | -129% |
| Operating cash flow | −$8.7M | — | -111% |
What changed
Revenue was $1.7B in Q2 2026, down 11% year over year and up 8% from the previous quarter.
Gross margin was 4.9%, down 7.4 points from Q2 2025. Operating costs exceeded revenue by $0.03B, an operating margin of -1.6%. Operating expenses grew 4% against a revenue fall of 11%. The fastest-growing cost line was Other operating costs (+480%). The quarter ended with a net loss of $0.02B, after a profit of $0.02B the previous quarter.
Operating cash flow was −$0.01B. Non-cash charges added back $0.03B of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $0.02B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.03B.
Questions
What was Primoris Services' revenue in the second quarter 2026?
Primoris Services (PRIM) reported revenue of $1.7B for the second quarter 2026 (Q2 2026), -11% from a year earlier and +8% from the quarter before.
Was Primoris Services profitable in the second quarter 2026?
Operating loss was $26.8M (-1.6% of revenue) and net loss $24.2M.
Source: Primoris Services 10-Q on SEC EDGAR.